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FINANCIAL NEWS
Dubai’s May exports, re-exports USD5.9b
24 Jun 2011
(MENAFN) The Dubai Chamber of Commerce and Industry’s chairman, Abdul Rahman Saif Al Ghurair, said that last month, Dubai’s exports and re-exports reached USD5.9 billion, recording the highest level in three years, reported Arabian Business.
Al Ghurair added that compared with May 2010, the performance was 26 percent higher, moreover, for the year’s first five months, the value of Chamber members’ exports and re-exports rose 17.6 percent reaching USD27 billion compared with USD23 billion for the same period in 2010.
He also said that in 2011’s first half, Dubai witnessed a steady growth across its trade, tourism and logistics sectors.
It is worth noting that Dubai forecasts its 2011’s economic growth to reach between 3.5 percent and 5 percent.
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